Air Premia has taken a strategic leap forward in its global cargo operations by signing an interline agreement with Amazon Air Cargo, marking a significant milestone in the South Korean carrier’s ambitions to penetrate the US cargo market. This partnership is expected to streamline logistics by allowing cargo shipments to be seamlessly transferred between Air Premia and Amazon’s…
Air Premia, the hybrid airline based in South Korea, has taken delivery of a Boeing 787-9 Dreamliner, serial number 62082, under a wet lease agreement from Korean Air. The aircraft is powered by Rolls-Royce Trent 1000 engines and represents a strategic move to enhance Air Premia’s wide-body capabilities while maintaining fleet flexibility.
Air Premia, the South Korean hybrid airline, is undergoing a significant ownership change following the announcement that Tire Bank, a South Korean tire distribution and retail group, will assume control of the carrier. Tire Bank, acting through its affiliate AP Holdings, will raise its shareholding in Air Premia to 68% after acquiring an additional 22% stake from existing investors JC Partners and Sono Hospitality.
Sono Group (South Korea) is fast-tracking its efforts to gain management control of T’way Air, positioning itself as the carrier’s largest shareholder. The move aligns with Sono Group’s broader strategy to establish a resort-linked airline, with a potential inclusion of Air Premia into its portfolio.
Air Premia, South Korea’s leading hybrid service carrier, has announced the addition of its sixth Boeing 787-9 Dreamliner, marking the airline’s first fleet expansion in over 18 months. This strategic move aligns with Air Premia’s commitment to offering premium yet essential services at competitive prices.
T’way Air, a South Korean low-cost carrier, is at the center of strategic business developments as its shareholder, the Daemyung Sono Group, moves to acquire management rights of the airline. This ambitious step could potentially lead to significant changes in South Korea’s aviation landscape.
South Korean airline Air Premia is currently facing internal tensions between its two largest shareholders, AP Holdings and the Daemyung Sono-JC Partners consortium. The disagreement centers on whether to pursue a capital increase within the year, an issue that could significantly impact the company’s financial trajectory and future development.
AP Holdings, a major shareholder of South Korean airline Air Premia, has announced a board meeting with the objective of solidifying its management rights within the airline. This move underscores AP Holdings’ intent to exercise greater influence over Air Premia’s strategic direction and operational management as the airline seeks to expand its presence in the…
Air Premia recently announced the appointment of Kim Jae-hyun as its new CEO following an October 24 board meeting. Previously an internal director at Air Premia since 2023, Kim brings experience from his roles as a director at Tirebank Co., Ltd. and CEO of online media DT News 24. His promotion reflects Air Premia’s strategy…
